What to expect from Horticulture production in 2023 according to Rural Bank research
High production costs are continuing to squeeze grower margin but demand will keep fruit and vegetable prices above long-term averages Low irrigation costs and improving growing conditions will drive strong fruit and nut production in the first half of 2023. Vegetable producers are expecting some short-term supply shortfalls following a challenging spring and summer planting […]
What to expect from Wool in 2023 according to Rural Bank research
Wool volumes are forecast to increase but prices will continue to be impacted by weaker global demand Australian wool production volumes are forecast to continue increasing in 2023 for a third consecutive year. The Australian Wool Production Forecasting Committee (AWPFC) has estimated production of the 2022/23 sale season to be 340 million kg. This is […]
What to expect from Sheep and lambs in 2023 according to Rural Bank research
Lamb producers will head into 2023 with confidence as a rebuilt flock and wet conditions fuel a period of high production with prices to remain high from a longer-term perspective A high supply environment is set to continue for Australian lamb into the first half of 2023. A rebuilt national sheep flock led to increased […]
What to expect from dairy produce in 2023 according to Rural Bank research
Expected lower milk supply should see high prices sustained in the coming season, but the elevated cost of inputs could keep margins for farmers at the slim end Australian milk production is forecast to be 6 to 8% below average in the 2022-23 season. The dairy industry continues to contend with elevated input costs and […]
Agroecopower will get your tractor and other farm machines tuned to perfection
If your tractor is not mustering the power it used to have it’s time to hand it over to Agroecopower for an engine adjustment that will increase efficiency Agroecopower is now in Australia, specialising in tractor and farm machine upgrades that restores full power and aids fuels efficiency. Agroecopower has been in business since 1999, […]
What to expect from Cattle breeding in 2023 according to Rural Bank research
Favourable rainfall outlook in cattle regions means restocker demand is likely to remain firm as herd rebuilding continues while there is good pasture availability Australia’s beef production is expected to rise by 5% during the first half of 2023 but will remain well below average levels. This comes on the back of favourable seasonal conditions […]
What to expect from Cropping in 2023 according to Rural Bank research
Strong export demand keeping grain prices at a historically high level will see growers confident in putting in a full cropping program heading into the 2023-24 season Winter cereal production is forecast to be the second highest on record this season. Wheat production will surpass 30 million tonnes for the third consecutive year, for an […]